i-80 Gold Corp. (TSE:IAU) Director Richard Scott Young Purchases 195,000 Shares

i-80 Gold Corp. (TSE:IAU) Director Richard Scott Young purchased 195,000 shares of the stock in a transaction on Tuesday, November 19th. The shares were acquired at an average cost of C$0.64 per share, with a total value of C$124,800.00.

i-80 Gold Stock Up 22.2 %

IAU stock opened at C$0.77 on Wednesday. i-80 Gold Corp. has a fifty-two week low of C$0.47 and a fifty-two week high of C$2.48. The company has a market capitalization of C$296.40 million, a price-to-earnings ratio of -1.97 and a beta of 1.79. The business’s 50 day moving average price is C$1.41 and its two-hundred day moving average price is C$1.44. The company has a debt-to-equity ratio of 38.47, a quick ratio of 1.57 and a current ratio of 0.54.

Wall Street Analyst Weigh In

IAU has been the topic of several research analyst reports. Cormark raised i-80 Gold to a “hold” rating in a research note on Thursday, November 14th. Ventum Cap Mkts downgraded shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 13th. Finally, National Bank Financial cut shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 9th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$3.90.

About i-80 Gold

i-80 Gold Corp., a mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States. The Company's principal assets are the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree project located within the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill mine in Eureka County, Nevada.